JAMES BURRELL LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Notwithstanding the net current liabilities position of £4.4m (2023 net current asset position of £0.1m) the directors have prepared the financial statements on the going concern basis. The directors have prepared detailed forecasts and by reference to those forecasts consider that the company has adequate resources to continue in operational existence for at least the 12 months from approval of these financial statements.”

Significant events

• “Turnover has reduced by 12% to £95m in the year versus £108m last year. This is the second year of a negative movement after the boom in sales experienced in 2021 and 2022.”
• “The business was committed to the implementation of a completely new ERP software system... went live successfully in June 2024 and resulted in a £1m plus investment.”
• “We have closed an under-performing branch to take our portfolio down from 11 to 10.”
• “We have reduced our headcount by 55 from a high in the summer of 2023.”
• “We have undertaken a bank refinancing to stabilise and bolster our working capital. This completed in very early 2025.”
• “The lowering of the nil rate threshold to £5,000 and subsequent increase in employers' national insurance contributions rate from 13.8% to 15%, effective from April 2025, will result in a heavier tax burden of approx. £0.5m per annum.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

3

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -12.1%

  £108,173,906 → £95,058,923

• Cash

  +874.7%

  £16,157 → £157,479

• Net assets

  -18.7%

  £9,868,124 → £8,023,593

• Employees

  -3.5%

  312 → 301

• Operating profit

  -174.7%

  £1,484,832 → -£1,108,990

• Profit before tax

  -335%

  £880,289 → -£2,068,395

• Wages

  +0.7%

  £10,336,313 → £10,408,093

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers